Market Anthropology: Open Window

Monday, August 15, 2011

Open Window

I continue to believe that silver is a broken market searching for significantly lower prices. From my perspective, the window for the next leg lower is wide open and upon us. 

Whether the currency market breaks first or in concert with the precious metals market is anyones guess at this point. But the proportions going into this move have been extreme and will likely be commensurate on the backside.